Tesla Model 3 on Target for Volume Production by September

Tesla Model 3 at its March 2016 unveiling (Image: Tesla).

On Wednesday February 22, Tesla released its fourth quarter & full year 2016 update and also held a Q&A webcast. It was revealed that the highly anticipated Model 3 is on track for initial limited production in July, with all related sourcing currently on target. Volume production of the Model 3 is scheduled to begin by September, with production anticipated to steadily ramp up to exceed 5,000 vehicles per week at some point in the fourth quarter of 2017 and up to 10,000 vehicles per week at some point in 2018. Continue reading “Tesla Model 3 on Target for Volume Production by September”